Morning VC Brief丨2025.09.05

Week36 Highlights丨IQM, Exa AI, Anthropic, Happyrobot, Predoc, Human Behavior, InstaLILY, Kite AI

Author

eric gu
September 05, 2025

Morning VC Brief is an expert daily curation of tech and venture news. Feel free to forward; the sign-up is here

Table of Contents

01. Venture News

1/ Quantum Computing Leader IQM raised $320M Series B

  • Product: A global leader in building superconducting quantum computers for on-premises use and cloud access

  • Highlight: has sold over 13 quantum computing systems

  • Investor: Ten Eleven Ventures(Lead)

  • Source

2/ AI Search Engine Exa AI raised $85M Series B at $700M

  • Product: An AI-powered search engine API designed to find the highest quality content on the internet for other AIs

  • Highlight: Already serves thousands of companies; built a state-of-the-art search engine from scratch with unique features like zero data retention

  • Investor: Benchmark (Lead), Lightspeed, Nvidia

  • Source

3/ Model Lab Anthropic raised $13B Series F

  • Product: Develops the Claude family of AI models, focusing on building reliable, interpretable, and steerable AI systems for enterprise and consumer use

  • Highlight: Revenue run-rate grew from ~$1B to over $5B in the first eight months of 2025; serves over 300,000 business customers with rapid enterprise adoption

  • Investor: ICONIQ Capital(Lead), Fidelity, Lightspeed Venture Partners

  • Source

4/ AI Supply Chain Automation Platform Happyrobot raised $44M Series B

  • Product: AI workforce platform that automates supply chain operations through digital agents that negotiate freight rates, schedule shipments, and collect payments via natural phone/email communication

  • Highlights: 70+ enterprise customers including DHL and Ryder; reduces appointment scheduling from 1+ week to under 30 minutes; collections ROI exceeding 100x; outbound sales delivering nearly 20x ROI

  • Investor: Base10 Partners(Lead), Andreessen Horowitz

  • Source

5/ AI Healthcare Data Management Platform Predoc raised $30M Series A

  • Product: AI-native platform that fully automates healthcare data retrieval and organization workflows, transforming diverse clinical data formats into streamlined, actionable insights

  • Highlight: 700% year-over-year revenue growth; 75% reduction in record retrieval times; serves clients like The Oncology Institute

  • Investor: Base10 Partners(Lead), Northzone

  • Source

6/ AI User Analytics Platform Human Behavior raised $5M Seed

  • Product: AI platform that analyzes user session replays with computer vision to provide product insights on user behavior, conversions, and churn without manual event tracking

  • Investor: General Catalyst(Lead), Paul Graham

  • Source

7/ AI Teammates Platform InstaLILY raised $25M Series A

  • Product: Domain-trained AI workers (InstaWorkers™) that execute full workflows in distribution-heavy industries, integrating with legacy systems like ERPs and CRMs to handle sales, service, and operations tasks

  • Highlight: Serves $10B+ construction distributor and global OEM platforms; reduces manual review time by 70% in insurance/healthcare

  • Investor: Insight Partners (Lead), Perceptive Ventures

  • Source

8/ Decentralized AI Infrastructure Platform Kite AI raised $18M Series A

  • Product: AI-centric layer-1 blockchain providing decentralized infrastructure for AI agents, featuring AIR system with Agent Passport for identity services and Agent App Store for commerce tools and payments

  • Highlight: partners with PayPal and Shopify for AI agent commerce; enables millisecond-level stablecoin settlements

  • Investor: PayPal Ventures (Lead), 8VC, Samsung Next

  • Source